Toxic economics and politics: the black panther edition

SPOILER ALERT!!! If you have not seen the black panther movie and plan to then you should probably not read this post. Or maybe watch it first then read. In case you are too lazy to read this afterwards then the TLDR summary is this: the economics and politics in Wakanda are really bad and… Continue reading Toxic economics and politics: the black panther edition

Fuel scarcity: FX subsidy for marketers = bad idea.

Apparently the fuel scarcity is still a thing. I wouldn’t know given that I’ve been in a part of the country where we have more liberal petrol stations that adjust their prices with the times. We pay somewhere around N230 per litre with no fuel queues and most seem to just get on with it.… Continue reading Fuel scarcity: FX subsidy for marketers = bad idea.

How to think about stability

First a quick quiz. The following are two graphs of the price of commodity X over time. Which of them is more stable? You might be forgiven for thinking option A is more stable. But what if time continues and then this happens.   Suddenly the answer is very different. Option B continues to trudge… Continue reading How to think about stability